Latin American e-commerce and fintech company MercadoLibre (<a>NASDAQ: MELI</a>) will be reporting results this Monday afternoon. Here’s what to expect. \n\nMercadoLibre beat analysts’ revenue expectations by 8.1% last quarter, reporting revenues of $5.94 billion, up 37% year on year. It was a strong quarter for the company, with an impressive beat of analysts’ EBITDA estimates and impressive growth in its users. It reported 66.6 million daily active users, up 24.5% year on year. \n\nIs MercadoLibre a buy or sell going into earnings? <a>Read our full analysis here, it’s free</a>.\n\nThis quarter, analysts are expecting MercadoLibre’s revenue to grow 28.9% year on year to $6.54 billion, slowing from the 41.5% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $11.75 per share. \n\nHeading into earnings, analysts covering the company have grown increasingly bearish with revenue estimates seeing 3 downward revisions over the last 30 days (we track 7 analysts). MercadoLibre has a history of exceeding Wall Street’s expectations, beating revenue estimates every single time over the past two years by 7.9% on average. \n\nLooking at MercadoLibre’s peers in the online marketplace segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Shutterstock delivered year-on-year revenue growth of 21.3%, beating analysts’ expectations by 7.5%, and eBay reported revenues up 6.1%, topping estimates by 3.1%. Shutterstock’s stock price was unchanged after the resultswhile eBay was up 18.5%. \n\nRead our full analysis of <a>Shutterstock’s results here</a> and <a>eBay’s results here</a>.\n\nInvestors in the online marketplace segment have had steady hands going into earnings, with share prices flat over the last month. MercadoLibre is down 4.6% during the same time and is heading into earnings with an average analyst price target of $2,856 (compared to the current share price of $2,385).

MercadoLibre (MELI) Q2 Earnings Report Preview: What To Look For

MercadoLibre, a Latin American e-commerce and fintech company, is set to report Q2 earnings, with analysts expecting 28.9% year-on-year revenue growth to $6.54 billion. The company previously beat revenue expectations by 8.1% in Q1, reporting 66.6 million daily active users. Peer companies like Shutterstock and eBay also reported strong Q2 results, with Shutterstock exceeding analyst estimates by 7.5% and eBay topping forecasts by 3.1%.